USO might be worth shorting IMO 21DSMA, Previous Support / Resistance, Measured Move @mervyn Bidding for a Jun20 25' 70$ Put @ 3.5 Gonna see tomorrow how much it's worth. Looking for USO 55-60
cl only, no uso. short calendar strangles bracketing high and low, when breaks below 60 again, go all in for a rolex. works perfectly for lower and upper limit assets like oil. short only if it is above 80 range, now it is not the time to short or long.